Lifestyle
US dollar lower before inflation-heavy data deluge
THE US dollar inched lower on Monday (Feb 26) ahead of a macro-packed week that could shed more light on the global rate outlook, with a US inflation reading...
Hong Kong investor files court injunction on NEC’s JAE stake sale
HONG Kong-based hedge fund Oasis Management has filed an injunction to block NEC’s sale of its stake in its listed unit Japan Aviation Electronics (JAE), saying the sale would...
Adidas is dropping a new batch of controversial Yeezy shoes on digital channels
ADIDAS is kicking off another round of sales of Yeezy products, as the German sportswear company looks to boost earnings by working through the backlog of footwear from its...
Not satisfied with pole position, BYD aims for bigger EV market share in Singapore
SINGAPORE’S top passenger electric vehicle (EV) seller BYD is aiming for a larger market share here as it sets to rev up the Chinese brand to become a better-known...
Sumitomo Mitsui eyes further India expansion
SUMITOMO Mitsui Financial Group wants to make further inroads into India, drawn like many of its peers to the rapid growth of the market. Japan’s second-biggest lender is considering...
Stellantis to sell up to 500,000 vehicles to Ayvens across Europe
FRANCO-ITALIAN automaker Stellantis said on Monday (Feb 26) it had reached a multi-billion-euro frame agreement with leasing and fleet management company Ayvens to sell up to 500,000 vehicles across...
Meta to set up team to counter disinformation, AI abuse in EU elections
FACEBOOK owner Meta will set up a team to tackle disinformation and the abuse of generative artificial intelligence (AI) in the run-up to European Parliament elections in June amid...
Brokers’ take: RHB downgrades Venture Corp to ‘neutral’ as muted near term priced in
RHB has downgraded Venture Corporation to “neutral” from “buy” as its lacklustre near-term outlook has already been priced in the share price, after lower second-half earnings released last week....
